Latinos are facing a deeper retirement crisis than other ethnic groups because of lower access to workplace savings plans and other job-related disadvantages in accumulating nest eggs, reports the National Institute on Retirement Security and UnidosUS in a new study. “Retirement plan participation rate for Latino workers (30.9 percent) is about 22.1 percentage points lower than […]
Just Before Labor Day, a Report Shows Struggles of Latino Workers
September 3, 2013 By
By Griselda Nevarez, Voxxi A new report by the AFL-CIO depicts how, even after four years since the recession officially ended, Latino workers continue to be disproportionally affected by the weak economic recovery. The report released Thursday finds that as the U.S. economy recovers, Latinos are facing higher rates of unemployment and underemployment, as well as lower wages and […]
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